Wouldn't the decreasing cost of space (i.e Moore's Law) mean that eventually that their business market would be doomed, or would it mean that they're going to get away with making more money as more space becomes more cheaply available? The going price of a 500GB Seagate internal HD seems to be well between
USD53.35 to USD176.00.
Granted that I should know better than to use Google as a reliable source of information; that means the cost/GB ranges anywhere between USD00.11 and USD00.36. I'm a bit too lazy to calculate the set mean and the set standard deviation, but it would come out to be just about equal (in cost) to using this new "cloud" or just a bit more expensive (by a couple cents). However, in the long run, it would be much cheaper to just buy a hard drive. I don't know who they're trying to fleece, really.